On Tuesday, 18 February 2020, Frankfurt School of Finance & Management held its first event in this year’s Start-Up Now - FS Entrepreneurs in the Spotlight series. Chris Bartz, an alumnus of the business school and co-founder of Elinvar - a digital platform for banks and asset managers - spoke about his own fintech and founding a start-up.
"'Culture eats strategy for breakfast' - Corporate culture is crucial to the success of a start-up, even more important than the original business idea. It is essential to select the right employees and to treat them well. Furthermore, how they work together is important – only as a team you can be successful as a young company", says Chris Bartz.
In order to be successful at a start-up, intercultural skills are particularly important. In addition, as an employee you can achieve and do a lot at a start-up – in established companies, this is rarely possible due to existing structures, emphasises Mr Bartz, who is also chairman of the Fintech-Rats der Bundesregierung (German Fintech Council)